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By Brendan Pierson (Reuters) – The abortion pill mifepristone will remain available, with limitations, in the United States while anti-abortion groups pursue a legal challenge seeking to ban it, a federal appeals court ruled late Wednesday night. The New Orleans-based 5th U.S. Circuit Court of Appeals put on hold part of last Friday’s order by U.S. District Judge Matthew Kacsmaryk in Amarillo, Texas, that had suspended the U.S. Food and […]

A look at the day ahead in European and global markets from Tom Westbrook The euro emerged as the clearest winner of slowing U.S. inflation and a watchful Fed. The common currency climbed 0.7% on Wednesday and was still going at $1.10 in the Asian morning. It is up seven weeks in a row – the longest winning streak since the latter stages of 2020 when the dollar was falling […]

(Reuters) – Apple Inc has significantly increased its production of iPhones in India, accounting for almost 7% of its total iPhone production, up from 1% in 2021, Bloomberg News reported on Thursday. The company assembled more than $7 billion worth of iPhones in the country in the last fiscal year, the report said. Apple did not immediately respond to a Reuters request for comment. (Reporting by Kanjyik Ghosh in Bengaluru; […]

By Kiyoshi Takenaka and Ankur Banerjee TOKYO (Reuters) -Japanese technology investor SoftBank Group Corp has moved to sell almost all of its remaining shares in Alibaba Group Holding Ltd, the Financial Times reported, sending the Chinese e-commerce major’s stock tumbling. The sale would come as valuations of China’s big tech firms have started recovering this year after an end to two years of heightened regulatory scrutiny, providing a window for […]

By Ingrid Melander PARIS (Reuters) – French unions have called on workers to walk off the job and join protest rallies on Thursday for a twelfth nationwide day of protests against a bill that will make the French work longer. Some trains will be cancelled, and strike actions can also be expected among refinery workers, garbage collectors and teachers, at a time when opinion polls show a wide majority of […]

PARIS (Reuters) – France’s Constitutional Council is due to deliver its verdict on Friday on a deeply unpopular bill which will delay retirement by two years to 64, and on plans for a referendum to challenge it. Here is why this matters and what could happen: VERDICT ON THE PENSION BILL * The Council can strike down the bill altogether if it considers it breaches the Constitution. Opposition parties have […]

By Ingrid Melander PARIS (Reuters) – French unions have called on workers to walk off the job and join protest rallies on Thursday for a twelfth nationwide day of protests against a bill that will make the French work longer. Some trains will be cancelled, and strike actions can also be expected among refinery workers, garbage collectors and teachers, at a time when opinion polls show a wide majority of […]

(Reuters) -Apple Inc is in talks with suppliers to make MacBooks in Thailand as part of the company’s ongoing efforts to expand its manufacturing presence beyond China, Nikkei reported on Thursday. Suppliers who are participating in these talks have existing manufacturing complexes in Thailand for other clients and are discussing possible assembly and production of components and modules for MacBooks, sources from three suppliers directly involved in the conversations with […]

BEIJING (Reuters) – China is highly concerned at Japan’s plan to put export curbs on 23 types of semiconductor manufacturing equipment, Wang Shouwen, a Chinese vice commerce minister, said. Wednesday’s comments came during a meeting with Japan’s ambassador, Hideo Tarumi, in Beijing.  In a commerce ministry statement on Thursday, Wang urged Japan to follow World Trade Organization rules to maintain stability of global supply chains. (Reporting by Beijing newsroom; Editing […]